The size of the automotive hydrostatic fan drive system market was USD 407.0 million in 2023, and it will touch USD 577.2 million, powering at a 5.2% CAGR, by 2030.

The major factors boosting the progression of this industry are the existing government policies to reduce emissions, coupled with the increasing fondness for noiseless, compact, and independently performing engine cooling systems.

Moreover, the high disposable salaries in emerging economies and the integration of advanced technologies, including variable-displacement-pump hydrostatic fan drive systems, are also boosting industry expansion.

Off-road vehicles accounted for the larger share in the vehicle type category, and it will advance at a faster rate, of approximately 5.4%, during this decade. As off-road automobiles have an extensive range of applications in construction, mining, agriculture, and various other sectors.

Furthermore, off-road automobiles are proposed to drive on tough and rough surfaces, which indicates more work for the engine. This can lead to a positive impact on this industry as hydrostatic fan drive systems control the temperature inside the engine and avoid it from overheating.

The variable axial piston pump category, on the basis of component, was the largest contributor to the automotive hydrostatic fan drive system market. This pump is available with unique flange selections, and they have high mechanical and volumetric efficiency, with a maximum rpm of 2,500.

The continuing improvements in axial pumps to decrease the level of noise and allow anti-clockwise or clockwise rotation, to reach 180 degrees, for high-pressure use is likely to boost the requirements for these components.

The variable-displacement pump category, on the basis of pump type, will be a larger contributor to the industry in the coming years. A fan drive system with this pump is generally employed for bigger and more complicated cooling systems as it decreases the movement to match the flow, according to the cooling requirement.

APAC was the largest contributor to the industry in 2023, with a 50% share, and it will further propel at the fastest rate in the years to come. This can be primarily because China is the largest automotive production hub and has the largest consumer base of commercial automobiles and passenger cars globally.

North America will advance at a 5.0% compound annual growth rate, primarily because of the existence of substantial industry players in this continent. Furthermore, heavy commercial automobiles accounted for a significant share in the continent because of their increasing production for construction, mining, freight transportation, and various other applications.

With the established government rules for lowering emissions, the automotive hydrostatic fan drive system industry will continuously progress in the coming years.

Source: P&S Intelligence